Slidesgo Elevating Brand Value Strategic Management of Nike in The Financial Sector 20240724155246f6so
Slidesgo Elevating Brand Value Strategic Management of Nike in The Financial Sector 20240724155246f6so
Slidesgo Elevating Brand Value Strategic Management of Nike in The Financial Sector 20240724155246f6so
OPERATION
PRESENTATION
Brand Management In the Financial Sector (Nike)
HISTORY OF THE COMPANY
• Nike, Inc., formerly (1964-78) Blue Ribbon Sports, American sportswear company. It was founded in 1964 as Blue
Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil
Knight. They opened their first retail outlet in 1966 and launched the Nike brand shoe in 1972. The company was
renamed Nike, Inc., in 1978 and went public two years later. By the early 21st century, Nike had retail outlets and
distributors in more than 170 countries, and its logo—a curved check mark called the "swoosh" —was recognized
throughout the world.
• From the late 1980s Nike steadily expanded its business and diversified its product line through numerous
acquisitions, including the shoe companies Cole Haan (1988; sold in 2012) and Converse, Inc. (2003), the sports-
equipment producer Canstar Sports, Inc. (1994; later called Bauer and sold in
2008), and the athletic apparel and equipment company Umbro (2008; sold in 2012).
Introduction to Brand Value